Tom Stachler
[email protected]
734-996-0000
 
 
 
 
 
2019 Review/2020 Outlook
 
Affordable Markets Continue to Shrink
 
After a decade of price increases, entry-level buyers struggle to find affordable move-in-ready housing. Homes that were affordable in the recent past continue to move beyond their range. Between 2016 and 2019, the number of under-$300k sales dropped 31% from 2,451 to 1,695. Washtenaw County's upper-end markets continue to thrive. Sales in both the $300k to $600k and the over-$600k markets were up 10%.
 
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626
AVAILABLE HOMES
-21% from last month
 
 
221
NEW PENDINGS
-1% from last month
 
 
 
 
3,550
YTD CLOSED SALES
no change from last year
 
 
$349k
YTD AVG. SALES PRICE
+4% from last year
 
 
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